November 24, 2016 BY LeapRate Staff

Retail Forex broker FXFINPRO has CIF license suspended by CySEC

Cyprus financial regulator CySEC has issued a notice stating that it has suspended the CIF license of PFX Financial Professionals Ltd, which operates Retail Forex broker FXFINPRO at website fxfinpro.com. The company also operates portfolio management company FINPRO Investments at finproinvest.com. According to CySEC, there are suspicions of an alleged violation by FXFINPRO regarding persons who effectively direct the…

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amf
November 24, 2016 BY Valentina Kirilova

AMF holds consultations on changing rules governing future performance simulators

The Autorité des Marchés Financiers (AMF) has announced that wants to help guide investment professionals operating in France, while also protecting investors' investments and ensuring they have access to reliable information. Consequently, it is taking a closer look at the performance simulators firms are offering to private investors prior to providing advisory or investment services.…

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November 24, 2016 BY Valentina Kirilova

FCA warns on clone firm of Janus Options

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Janus Options / Kinetex Limited. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of…

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November 24, 2016 BY Valentina Kirilova

Moscow Exchange changes the transaction fee for Flood Control errors

Moscow Exchange (MOEX) has announced that from December 1, 2016 starts charging the transaction fee for Flood Control errors. The fee is designed to stimulate the appropriate use of the Exchange's IT infrastructure and to increase the quality of service to the market participants. Flood Control errors occur when capacity of the derivatives platform login…

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titantrade binary options fraud
November 24, 2016 BY Valentina Kirilova

Binary Options broker TitanTrade has associated website Tradettn.com targeted by Australia’s ASIC

As The Sydney Morning Herald stated earlier today, another binary options trading website operating in Australia is in the sights of the corporate regulator as part of its ongoing investigation into the alleged activities of the Senese family and their associates. Last week the Federal Court has issued orders restricting convicted finance criminal Tony Senese,…

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November 24, 2016 BY Valentina Kirilova

ASIC updates licence conditions on Morgans Financial Limited

ASIC and Morgans Financial Limited have agreed for an independent compliance consultant to monitor, evaluate and report on Morgan’s implementation of recommendations arising from an independent review of its compliance measures. The consultant completed its review of Morgans’ compliance measures in March 2016, in accordance with initial licence conditions imposed on 30 November 2015. In…

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Refinitiv enables greater efficiencies and choice for fixed income traders on Eikon
November 24, 2016 BY Valentina Kirilova

Thomson Reuters removing multi-chat feature from Eikon Messenger

Business information giant Thomson Reuters Corp (NYSE:TRI) has just announced that over the next few weeks will be removing the current multi-user chat feature from Eikon Messenger. This feature has been upgraded and renamed to Bilateral Chat. It is exclusively offered in Eikon Messenger and is available today to more than 300,000 financial professionals. Bilateral Chat…

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November 24, 2016 BY Valentina Kirilova

Gatecoin Phishing Scam Alert: Fraudulent Job Offers in Canada

Bitcoin exchange Gatecoin warned that has received several reports of fraudulent emails being sent by a person or group of people using the alias “Samantha Anderson” from numerous Gmail and Hotmail accounts. They claim to be a HR representative from Gatecoin offering employment opportunities in Canada and have requested confidential personal information from individuals to…

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November 24, 2016 BY Valentina Kirilova

The Vinci share price tumble, AMF considers the consequences of a serious market dysfunction

Yesterday, following the circulation of false news releases disseminated by the press agencies, the Vinci share temporarily lost 18% during the day’s trading before making a rapid recovery. The false statement said the company would revise its 2015 and 2016 accounts after supposed accounting errors. In a response posted on its website, Vinci denied all…

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